In Short : The Asian Development Bank and Green Climate Fund have launched a \$200 million India Green Finance Facility to boost clean energy investments. Targeting green hydrogen, round-the-clock renewables, biogas, and rural e-mobility, the program will channel funds through Indian DFIs. It includes a \$65 million credit guarantee to support smaller developers and aligns […]
Hexa Climate and Asvata partner for the launch of afforestation project in West Bengal – EQ
Under the project, 500,000 trees will be planted to revive fallow land into a thriving forest. Gurugram & Mumbai – Hexa Climate, a portfolio company of I Squared Capital, and Asvata, the carbon credit venture of RPG Group, announce the launch of a pioneering afforestation project in Purulia, West Bengal. The project, which aims to […]
Aerem Solutions and OMC Power partner to enable ₹200 Crore financing for Solar Rooftop Adoption by MSMEs – EQ
~The partnership creates the opportunity for MSMEs in Uttar Pradesh to access Solar finance through device financing~ Mumbai – Aerem Solutions and OMC Power have entered into a strategic partnership to unlock ₹200 crore in financing for rooftop solar solutions targeted at India’s Micro, Small, and Medium Enterprises (MSMEs) in Uttar Pradesh. The collaboration is […]
Andhra govt Schneider Electric partner to strengthen skill training ecosystem – EQ
In Short : The Andhra Pradesh government has partnered with Schneider Electric India Foundation to enhance the state’s skill training ecosystem. By 2027, 20 advanced training labs will be established in ITIs, polytechnic colleges, and NAC centers, focusing on electronics, green energy, and automation. Schneider Electric will invest ₹5 crore in training resources, aiming to […]
Swaraj Tractors and Mahindra Susten Partner to Develop Punjab’s Largest Solar Group Captive Project – EQ
In Short : Swaraj Tractors and Mahindra Susten are developing Punjab’s largest 26 MW solar group captive project in Bathinda. The initiative will power Swaraj’s manufacturing units, cutting CO₂ emissions by 54,600 tonnes annually. This marks a major step in green energy adoption for tractor manufacturing, aligning with Mahindra’s sustainability goals and expanding Mahindra Susten’s […]
Long-time Luthra Banking & Finance Partner Karan Mitroo leaves to join JSA – EQ
Luthra and Luthra Partner Karan Mitroo is leaving the firm to join JSA as an Equity Partner. Mitroo is joining JSA along with a team of 15 attorneys inclusing three Partners – Purvi Dabbiru, Kartikeya Dubey and Ankita Parasar. Mitroo has over 17 years of experience and specializes in rendering advisory and legal assistance in […]
Datta Power Infra and SJVN Partner to Launch 70 MW Wind Energy Initiative – EQ
In Short : Datta Power Infra and SJVN have signed a Power Purchase Agreement (PPA) to develop a 70 MW wind energy project. This initiative supports India’s renewable energy goals, aiming to reduce carbon emissions and enhance clean power generation. The partnership highlights the role of public-private collaborations in driving sustainable energy projects and advancing […]
ADB and World Bank Partner on Full Mutual Reliance Framework to Enhance Development Effectiveness – EQ
In Short : The Asian Development Bank (ADB) and the World Bank have launched a Full Mutual Reliance Framework (FMRF) to streamline co-financed projects. This agreement enhances efficiency, reduces duplication, and accelerates project implementation by trusting each other’s processes. It aims to improve development impact, cut bureaucracy, and boost co-financing opportunities for sustainable growth in […]
South Korea and US partner for renewable energy research – EQ
In Short : South Korea and the U.S. have renewed their partnership in renewable energy research through an MOU between KIER and NREL. The collaboration focuses on advancing solar, hydrogen, and energy storage technologies. Planned initiatives include joint research, workshops, and technical exchanges to drive innovation and contribute to global efforts in tackling climate change. […]
BluePine Energy and Amazon Partner for 99 MW Renewable Energy Project – EQ
In Short : BluePine Energy has signed a Power Purchase Agreement (PPA) with Amazon for a 99 MW renewable energy project. This partnership is part of Amazon’s commitment to meeting its sustainability goals by sourcing clean energy for its operations. The project will help reduce the company’s carbon footprint and contribute to the growth of […]